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U.S. job growth averaged 92,000 monthly in 2026; June decelerated to 57,000 yet unemployment stabilized at 4.2%. Persistent labor tightness sustains tech talent shortage—tech hiring budgets face sustained wage pressure and retention cost escalation.
Catch up on global daily news
Compelling long reads
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Behind the scenes at The Economist

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Catch up quickly on the global stories that matter

Catch up quickly on the global stories that matter

Success will require investing in employees as seriously as America invests in chips

Catch up quickly on the global stories that matter

Catch up quickly on the global stories that matter